Kraken enables USDCx deposits and withdrawals on Canton
Kraken Blog (June 11, 2026): Kraken supports USDCx funding via the Canton Network—described as the first step in broader Canton ecosystem support. USDCx is a Canton-native stablecoin backed 1:1 by USDC held in Circle xReserve (minted on Canton when USDC is deposited to xReserve on Ethereum). Deposits on unsupported networks may be lost; spot trading awaits liquidity conditions; geographic restrictions may apply.